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madcat

05/05/05 5:54 PM

#15621 RE: rocketeer #15615

Rocketeer

DD= Due Diligence or Drill Down. Basically it’s putting in the effort to confirm and expand upon what you might read or hear about something…. in this case a stock such as NEOM.

As far as your question about Virgin & NEOM you should probably start with the posts after the first of the year and start reading. Most recently the posts by movieguy and Williamfl (~4/15-4/17) who were both at the last hearing, and passed on information to the board indicating that the case may be a non-issue at this point and in it’s final stages of a settlement.



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SeriousMoney

05/05/05 7:58 PM

#15659 RE: rocketeer #15615

Due Diligence is another expression for Research or Homework, as Jim Cramer likes to call it. Here's an article on how to get started using the internet. http://www.thestreet.com/funds/toolsofthetrade/1397535.html
Also checkout Jim Cramer's new book REAL MONEY, Chapter 4, "Some Investing Basics", and his new program "Mad Money" on CNBC at 3 p.m daily. There are plenty others as well.